Processing Checklist

Processing Checklist

This help file outlines the suggested processing that should be completed on a daily, weekly and monthly basis. It is intended that you use this checklist to start with and build on it to create you own for your own business.

Daily:

  • Process Sales Invoices / Repair Orders
  • Process Purchase Orders
  • Process Paid Outs (if used)
  • Process Customer payments
  • Receipt Purchase Orders and enter supplier invoices in AP Invoice Entry
  • Enter payments made and non-stock purchases/expenses in Manual Cheques
  • Day End/Backup

Weekly:

  • Reconcile Bank Accounts to Bank Statements
  • Reconcile Amex/Diners Holding Accounts
  • Process Wages

Monthly:

  • Reconcile and pay Suppliers via AP Cheque Prep
  • Send Accounts Receivable Statements
  • Pay BAS/IAS/Superannuation if due this month
  • Monthend and associated reports

 

If you have any queries regarding Processing Checklist in COSTAR, please contact the Support Desk

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